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Specter Investigation into BONK DAO Governance Attack: Realms Founder Suspected of Linking to Attacker's Funding Flow

2026-07-11 14:26:51
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According to Specter's monitoring, a preliminary investigation into the BONK DAO governance attack revealed that the founder of Realms and Crypto Notte both had on-chain funds exposed at addresses suspected to be associated with the attacker. On June 30, 2026, the attacker created a malicious governance proposal through an address that required voting power equivalent to 1% of the circulating supply of BONK to pass. Subsequently, between July 4th and 5th, the attacker acquired the required voting power through exchanges and marginfi lending, with the lending amounting to approximately $4 million.
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